Chainbase launches Token C, 65% allocated for ecosystem construction and long-term incentives

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According to Foresight News, Web3 data infrastructure project Chainbase announced the launch of its native token C and disclosed its economic model and distribution mechanism. C is the core asset of Hyperdata Network, used for data access, ecosystem incentives, decentralized verification, protocol governance, and DataFi settlement.

The total supply of C tokens is 1 billion, with an initial unlocking ratio of 16%. 40% will be used for ecosystem and community building, 13% for three rounds of airdrop incentives (first season including 2% community airdrop and 1.5% Binance Alpha incentives), 12% allocated to node incentives, 17% to early investors, 15% to the core team, and 3% reserved for liquidity.

The token will be issued on Base and BNB Chain, adopting a parallel mechanism of Cliff and linear unlocking to match platform usage growth. Chainbase has indexed over 200 chains, served more than 10,000 projects and 35,000 developers, with cumulative data calls exceeding 50 billion.

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